China Sky One Medical Raises Money For More Manufacturing
February 4, 2008 | By Editorial Staff |
Print This Page
| 
Email This Page
China Sky One Medical has raised US$25 million in a private placement of 2.5 million shares of the company's common stock, with 30% warrant coverage.
The warrants have an exercise price of US$12.50 per share and a term of 3 years.
China Sky One Medical intends to use the proceeds from the offering for acquisitions, working capital and sales and marketing for new products.
China Sky One Medical is a manufacturer, marketer and distributor of pharmaceutical, medicinal and diagnostic products in China.
(No Ratings Yet)
Loading ...
